Business

Stanbic IBTC Bank, a leading financial institution in Nigeria, recently hosted its pivotal Energy and Infrastructure Breakfast Session in Lagos. This event marked a significant milestone in the country’s dialogue on sustainable energy, drawing together a distinguished assembly of industry leaders, policymakers and experts. Dr. Demola Sogunle, Chief Executive of …

  The management of Dangote Cement Plc., Ibese Plant has assured that it would continue to complement the efforts of the Ogun State Government in the development of its host communities through capacity building for the people, especially the youths. The company said it’s committed to development for the prosperity …

Abbey Mortgage Bank, a leading institution in the African Mortgage industry on Saturday, May 4th, 2024 staged a walk to promote autism awareness and emphasize the importance of understanding and supporting individuals with such disorder. This year’s programme themed “Abbey Walk for Autism Awareness” saw Abbey bankers, led by their …

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy …

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria. Speaking at an event organized by the National Council on Nutrition and the World Bank-Assisted Accelerating Nutrition Results in Nigeria Project, Mrs. Zouera Youssoufou, …

  Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent. The agreement which was signed by the Chairman of Zenpay …

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer …

Inflationary pressures softened in the Nigerian private sector during April, following record increases in purchase costs and selling prices in March. Rates of inflation remained elevated, however, and limited growth of output and new orders as well as leading some firms to reduce employment. The headline figure derived from the …

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024. In its Q1 2024 unaudited results, Transcorp reported significant year-on-year growth, with revenue rising to N88.6 billion from N32.4 billion …

Globacom, provider of digital telecommunications services, has congratulated Nigerian workers on this year’s International Workers’ Day, urging them to recommit themselves to excellence in order to advance the growth of Nigeria. In a statement of solidarity made public on Tuesday, Globacom praised workers’ fortitude in the face of current difficulties, …